A mountain of transactions obstruct Bank Century audit: BPK

The Supreme Audit Agency (BPK) said that the abundance of transactions conducted by Bank Century (now Bank Mutiara) makes it difficult to swiftly complete the bank’s forensic audit.
 
“Concerning the in-depth audit, the obstacle is the huge amount of transactions,” BPK member Hasan Bisri said Tuesday, as quoted by tempointeraktif.com.
 
“Opening up old archives is also not an easy job,” he added.
 
Hasan explained that the type of transactions that the BPK had been looking into varied from withdrawal and deposits to real-time gross settlements.
 
He assured, however, that the results of the audit would be reported to the House of Representatives in November, as mandated.
 
Bank Century was suspected of receiving bailout funds from the government despite not being eligible to accept them.
 
The scandal reportedly involved state funds of Rp 6.7 trillion (US$783.9 million).